HOW TO IMPLEMENTATION POSTING PERIOD VARIANT IN SAP FICO

SAP FI posting periods are used to open and close periods of a financial year. Posting periods are maintained in a posting period variant that is assigned to a company code.

1,Definition of Posting Period Variant - Tcode - OBBO

THEN SAVE

2,Assign Posting Period Variant to Company Code - Tcode - OBBP

THEN SAVE

3,Open and Close Posting Periods -Tcode - OB52

NOW - SELECT THESE ITEMS

AND COPY ALL ITEMS

NOW WRITE YOUR POSTING PERIOD VARIANT

ALSO

WRITE PERIOD WHICH YOU WANT TO OPEN

1/22 MEANS - 1 APIRL 2022

12/23 MEANS - 31 MARCH 2023

THEN SAVE

Hope this blog is helpful to you

If you want to see my SAP FICO training videos in the Hindi language

Click on this 👉-- https://youtu.be/6NxwTor-Xro

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You can use D ocument Splitting to automatically split line items for selected dimensions (such as receivable lines by profit center) or to effect a zero balance setting in the document for selected dimensions. In document splitting, the system creates additional clearing lines. Document splitting enables you to draw up complete financial statements for the following dimensions at any time: Segments Profit centers Business areas Funds Receivables Customer-defined dimension (customer field) Kindly watch this video for configuration Document Splitting in S/4 HANA https://youtu.be/JbLMZxzNmgg

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Define Business Area in SAP FICO

DEFINE BUSINESS AREA - The branches of the organization can be taken as the business area /Segment. TCODE - 0X03 1 STEP - Search - T code - ox03 2. STEP - CLICK ON - NEW ENTRIES 3.STEP - WRITE BUSINESS ARE AND DESCRIPTION THEN SAVE Hope this blog is helpful to you If you want to see my SAP FICO training videos in the Hindi language Click on this 👉-- https://youtu.be/hCtEaL2BKuo

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